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FINE SINTER Co (TSE:5994) Interest Coverage : N/A (As of Sep. 2024)


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What is FINE SINTER Co Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. FINE SINTER Co's Operating Income for the three months ended in Sep. 2024 was 円0 Mil. FINE SINTER Co's Interest Expense for the three months ended in Sep. 2024 was 円0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. FINE SINTER Co Ltd interest coverage is 1.12, which is low.

The historical rank and industry rank for FINE SINTER Co's Interest Coverage or its related term are showing as below:

TSE:5994' s Interest Coverage Range Over the Past 10 Years
Min: 1.05   Med: 6.56   Max: 15.86
Current: 1.12


TSE:5994's Interest Coverage is ranked worse than
94.96% of 2282 companies
in the Industrial Products industry
Industry Median: 15.66 vs TSE:5994: 1.12

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


FINE SINTER Co Interest Coverage Historical Data

The historical data trend for FINE SINTER Co's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

FINE SINTER Co Interest Coverage Chart

FINE SINTER Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.50 1.05 2.34 - 1.12

FINE SINTER Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.61 2.84 0.67 N/A

Competitive Comparison of FINE SINTER Co's Interest Coverage

For the Metal Fabrication subindustry, FINE SINTER Co's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FINE SINTER Co's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FINE SINTER Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FINE SINTER Co's Interest Coverage falls into.


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FINE SINTER Co Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

FINE SINTER Co's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, FINE SINTER Co's Interest Expense was 円-369 Mil. Its Operating Income was 円413 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,458 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*413.231/-369.025
=1.12

FINE SINTER Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, FINE SINTER Co's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円4,834 Mil.

GuruFocus does not calculate FINE SINTER Co's interest coverage with the available data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


FINE SINTER Co  (TSE:5994) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


FINE SINTER Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of FINE SINTER Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


FINE SINTER Co Business Description

Traded in Other Exchanges
N/A
Address
1189-11,Nishinohora, Akechi-cho, Kasugai, Aichi, JPN, 480-0303
FINE SINTER Co Ltd is specialized in designing, manufacturing, and marketing products based on powder metallurgy technology. The company serves approximately 80% of its entire products in the automotive industry. Its products are used in many units of automotive; engine, transmission, steering, and sensors. In addition, the company also produces composite materials such as brake linings for trains, contact strips for current collectors and sealing materials.

FINE SINTER Co Headlines

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